Tuesday, 19 May 2009

Shell loses...

Another remuneration report bites the dust. The shareholders are revolting...

2 comments:

Charlie Marks said...

Good news...

But bad news:

"But the vote is unlikely to mean that directors will have to repay any money." [http://news.bbc.co.uk/1/hi/business/8058103.stm]

Tom P said...

yep, but a) they will respond in some way I'm sure and b) the increasing awareness of the limitations of a purely advisory vote on remuneration is likely to lead to pressure for it to be mandatory in some way.